$pdn.ax ASX:PDN
Still just range bound, deviated the big Quaterly level and now trading into the Big yearley level..
pullback almost 33% so far
Plan marked out on chart..
Under, then trigger once back over.. Then a resending back to into green zone..
Not a prediction
#uranium
Two Trigger plans marked out on chart,
1. A push down take liquitity marked in orange and a reclaim of the mide range = trigger 1
2.A fast push into range low and hold the "Big quartely level" = trigger 2
#uranium
#dyl
$DYL.ax ASX:DYL
DYL trading above yearly open and weekly open. Also sitting above Weekly Mid range. Once Mid Range holds looking for price to move back towards range high.
Targets
Quarterly Open
Weekly range high
#uranium
energy/mining still looking fine for recoup post jaunary potential capitulation zone
would make for the trendline retest on this monthly chart i suppose
uranium facilities still will help to refine minerals needed for renewable energy, which will have to be implemented quite soon for anychance of climate stability aka habitable conditions to live in
Today Japan announced a policy shift on Nuclear technology.
Deep Yellow, a mid cap ASX listed Uranium company looks to be forming an Inverse HS.
Aggressive entry - 75c
Invalidation - 65c
Target - $1 - 1.15
aussie mining bout to see a glory days recovery
minerals needed for climatechange technologies across the board, batteries solar wind nuclear also
think when the dxy finally lets up these are some of the best performers as we see a transitioned mining strategy in australia no matter who gets elected next cycle
big mining will be big winners in the coming years
DYL is looking good as it has bounced off the 200SMA which is also a good Support zone, and is consolidating currently. It has also broken the downward sloping trendine with high volume. I expect a swing higher with a target of $0.825 (potential 20% gain) with a tight stop below the swing low.
Please note these are my own notes, by no means trading advice....
DYL , Big hammer on weekly in previous supply zone.rejected 50W MA.. Broke-Backtested-Rejected ascending triangle support.
Possible demand zone and reversal area indicated on the chart, watch for RSI support on this pullback.
After finding support on the trend line on the 9th and 11th April, DYL has found momentum looking forward again.
Daily RSI STOCH RSI and MACD all pointing to positive signs for Australian based Uranium miner. This area of $0.375 - $0.40 is where accumalation is and is going to be a major support level in the future as it is now. $0.40 must break to see a major...
Uranium is my highest conviction idea and consumes a large portion of my book. This is the beginning of a longer-term bull market of 5 to 7 years, don't worry about the short term!
***DONT over leverage!
